Compton, CA 90221,209 S Willow Avenue
Compton, CA 90221,209 S Willow Avenue
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$1,350,000

$1,405,000

3.9%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths

6,758 Sqft Lot


SOLD DATE : 09/23/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24001577

Sold Date 09/23/24

Bedrooms 6

HOA Y/N No

Lot Size 6,758 Sqft

Property Description

209 S. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.
209 S. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.

Location

State CA

County Los Angeles

Area Compton (90221)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $148

Acceptable Financing Cash, Exchange

Space Rent $1,453

Listing Terms Cash, Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Doug Rodermund • Morgan Skenderian
Bought with General NONMEMBER • NONMEMBER MRML
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